Answer this discussion question in 100 words or less, explain why the CEO of Spirit Airlines should not be sued for breaching his fiduciary duty to his corporation.

-The CEO of Spirit Airlines suggested Thursday that JetBlue Airways is more interested in blocking a merger of Spirit and Frontier Airlines than it is in buying Spirit.

Ted Christie provided more details on why Spirits board rebuffed a $3.6 billion buyout offer from JetBlue in favor of a lower bid from Frontier.

Christie said you dont need to be an antitrust attorney to see that federal regulators are unlikely to let JetBlue buy his airline while they are suing to break up JetBlues Northeast partnership with American Airlines on anti-competitiveness grounds.

JetBlue did not immediately comment on Christies remarks.

Spirit announced Monday that its board unanimously backed Frontiers $2.9 billion offer because it is more likely to win regulatory approval. JetBlues CEO has hinted that his airline could respond by launching a hostile takeover effort against Spirit.

-Shares of JetBlue have plunged 25% since the New York-based airline announced its bid for Spirit on April 4.

Despite clear concern from JetBlues shareholders, JetBlue has continued to pursue disruption to the Spirit-Frontier combination, Christie said on Spirits first-quarter conference call. I had wondered whether blocking our deal with Frontier is, in fact, their goal.